Tricia Duryee in Commerce on May 25 at 5:00 am PT
Bulky? Heavy? Inexpensive? No problem. Amazon has added thousands of items it previously considered too uneconomical to ship.
Numbers
Beth Callaghan in Numbers on May 24 at 4:30 pm PT
A new study from Forrester Research on technology adoption by urban Chinese consumers illustrates the ubiquitousness of the mobile Internet in China.
News Byte
Tricia Duryee in Commerce on May 24 at 1:56 pm PT
Austin-based
Bazaarvoice has agreed
to acquire its close competitor PowerReviews for roughly $151.9 million in cash and stock. According to the terms, Bazaarvoice will pay $31 million in cash and the remainder in stock. Both companies develop technology that help retailers interact with consumers. In particular, PowerReviews was focused on managing and hosting product review sections for e-commerce sites.
Voices
Loretta Chao, Reporter, The Wall Street Journal in News on May 22 at 7:30 am PT
Alibaba Group Holding Ltd.’s deal to buy back shares from Yahoo Inc. gives the Chinese e-commerce company the control it craves to grapple with mounting domestic competition and logistical challenges.
Tricia Duryee in Commerce on May 21 at 5:20 pm PT
StyleSaint has secured $1.5 million from Andreessen Horowitz, General Catalyst and others to develop a new twist on the content-sharing craze.
Voices
Paul Mozur, Reporter, The Wall Street Journal in News on May 19 at 8:07 am PT
Tencent Holdings said Friday it will restructure its business operations into six groups and named a new chief operating officer as the Chinese Internet company moves to improve efficiency and grow beyond its core gaming business.
Kara Swisher in Commerce on May 17 at 9:29 am PT
The $1.5 billion valuation can still blow your mind.
Tricia Duryee in Commerce on May 15 at 5:28 pm PT
Drew Patterson has stepped down as founder and CEO of Jetsetter, the high-end luxury discount sales travel site owned by Gilt Groupe.
